The Nigerian Police Force (NPF) Pensions has launched an interactive virtual assistant platform accessible through major social media channels in its bid to bring service closer and cheaper to its subscribers, with a target for full nationwide enrolment within three months. The acting Managing Director/Chief Executive Officer of NPF Pensions, Muhammed Dutse, says the organisation …
Despite repeated sanctions imposed on electricity distribution companies (DisCos) by regulators, overbilling and lack of metering continue to dominate customer complaints across Nigeria's power sector, raising concerns about the effectiveness of enforcement measures and the pace of reforms. For millions of electricity consumers, estimated billing remains a persistent source of frustration. Households and businesses continue …
Seplat Energy Plc has named businessman and investor Tony Elumelu as its next chairman in a major leadership transition. The indigenous energy company announced this in a statement on Tuesday as it positions fitself or its next phase of growth. In the statement signed by the company's Director, Legal/Company Secretary, Edith Onwuchekwa, Seplat said the …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that submission of technical and commercial bids for the 2025 oil licensing round will close on Friday, June 12, 2026. The Commission made this known in a statement released on Tuesday, June 9, via its official X handle, stressing that the move is in line with …
African startups attracted $1.4 billion in venture capital funding in the first quarter of 2026 despite a sharp decline in deal activity. The surge came despite investors concentrating their bets on a smaller number of established companies, according to a new report by the African Private Capital Association (AVCA) released on Tuesday. The report, Venture Capital …
The Federal Government has announced that the first batch of Nigerian nationals being evacuated from South Africa following recent xenophobic attacks will arrive in Nigeria on Thursday morning. The Ministry of Foreign Affairs disclosed this in a statement issued on Tuesday in Abuja, confirming that the evacuation exercise would commence with the departure of affected …
A soldier, three kidnapped civilians and a local hunter have been confirmed dead following a deadly attack by armed gunmen on a private dredging site in the Karanla community of Magbon, in the Mowe area of Ogun State. The victims were killed after gunmen ambushed security operatives responding to a distress call over an attempted …
Nigeria's next growth phase will be driven by states and private capital rather than federal spending alone, Minister of Finance and Coordinating Minister of the Economy Taiwo Oyedele said as he outlined the government's strategy to attract investment, deepen fiscal reforms and unlock projects across the country. Speaking at the Invest Lagos 3.0 Governor's Investment …
Federal Capital Territory (FCT) minister Nyesom Wike has declared that major infrastructure projects scheduled for inauguration by President Bola Tinubu this week are fully completed and ready for commissioning. Speaking on Monday during an inspection tour of ongoing and completed projects across Abuja, Wike expressed satisfaction with the quality and pace of work, saying the …
Nigeria recorded a sharp improvement in its foreign trade position in the first quarter of 2026 as exports increased and imports fell significantly. This helped it to post a 341 per cent merchandise trade surplus of ₦7.55 trillion, according to the report by the National Bureau of Statistics (NBS). In its Foreign Trade in Goods Statistics …
